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How Does Competition Among Investors Lead to Efficient Markets

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How does competition among investors lead to efficient markets?


Definitions:

Pounds

A unit of weight in the imperial system equal to 16 ounces, or the currency of the United Kingdom.

C$1.00 Decreased

A specific case indicating a reduction in value by one Canadian dollar.

£ Per C$

The exchange rate that defines how much one British pound is worth in Canadian dollars.

Depreciated

A decrease in the value of an asset over time, often due to wear and tear or technological obsolescence.

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